Planning and Development Minister Asad Omar said on Friday that 37% of Pakistanis have lost their jobs due to the impact of COVID-19 outbreak on economy.

The ministry revealed figures about the social and economic impact of Covid-19 during a Senate Session.

The coronavirus pandemic has affected 49 percent (27.31 million) of the working class in some way, according to the ministry while 37 percent of the workforce lost their jobs and could not find a replacement.

The highest unemployment rate caused by Covid-19 was reported in Khyber Pakhtunkhwa, where about 55 percent of the working class lost their jobs or their incomes fell.

Experts who have followed global employment trends believe the post-COVID-19 adjustments mean that some lost jobs may never reappear, as some sectors may continually shrink while others thrive and expand.

The pandemic has dealt a major blow to global trade, with exports unexpectedly falling to nearly their lowest level in a decade in March and April last year.

Since then, many countries have spearheaded the recovery efforts and Pakistan has witnessed economic revival since then.

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